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The Real Estate (Regulation and Development) Act, 2016 is Act of the Parliament of India which seeks to protect buyers as well as help boost investments in the real estate industry. The Act came into force from 1 May 2016.

Agarkar Nagar is a central residential locality in Pune bordered by Camp, Bund Garden, and Sangamvadi. The pin code of Agarkar Nagar is 411001. This mature neighbourhood houses government employees, medical professionals, and students due to its central position near Pune Railway Station. Residents frequently access Nowrosjee Wadia College and Jehangir Hospital for their daily needs. The nearest transit hub is the Shivajinagar Metro Station on Pune Metro Line 3, located 2 km away. Sassoon Road and Connaught Road link the area, keeping Pune Railway Station just a 5-minute drive away. The 2026 average property rate ranges from Rs. 11,000 to Rs. 15,000 per sq ft, dominated by mid-rise apartments driven by redevelopment demand.
| Locality | Property Price per sq ft* |
|---|---|
| Agarkar Nagar pune | Rs. 11,000 to Rs. 15,000 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 12,000 to Rs. 16,000 |
| 2 BHK for rent | Rs. 18,000 to Rs. 24,000 |
| 3 BHK for rent | Rs. 28,000 to Rs. 35,000 |
Agarkar Nagar remains a premium yet correcting residential market in central Pune. The locality has experienced a notable downward adjustment, with property values seeing a depreciation of 28.5% over the past year. Buyers can find apartments priced between Rs. 11,000 and Rs. 15,000 per sq ft. The rental market has also adjusted, showing a depreciation of 11.8% annually. Monthly rents for residential spaces now range from Rs. 12,000 to Rs. 35,000 depending on the configuration. This price correction attracts budget-conscious buyers looking for central city connectivity. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Darshan Museum is a prominent landmark in Agarkar Nagar. Some more include:
Agarkar Nagar is well-connected through Sassoon Road and the following roads:
Shivajinagar Metro Station on the Pune Metro Line 3 is the closest public transit option, located 2 km away. Some more include:
The nearest railway station and airport are Pune Railway Station, which is located 1 km away, and others:
Agarkar Nagar is well-equipped with numerous top educational institutions, such as Nowrosjee Wadia College and Ness Wadia College of Commerce, along with:
Some reputed healthcare places near Agarkar Nagar include Sassoon General Hospital, and others:
You can access SGS Mall and Nucleus Mall easily from Agarkar Nagar pune. Some more include:
These localities are located around Agarkar Nagar:
Here are some of the major employment centres near Agarkar Nagar:
The popular landmarks within Agarkar Nagar are:


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